Financials Check Point Software Technologies Ltd.

Equities

CHKP

IL0010824113

Software

Market Closed - Nasdaq Other stock markets 21:00:00 13/02/2026 GMT			5-day change	1st Jan Change
171.48 ^USD	+4.26%		-5.21%	-7.59%

02-13	UBS Adjusts Price Target on Check Point Software Technologies to $185 From $215, Maintains Neutral Rating	MT
02-13	Wedbush Adjusts Check Point Software Technologies Price Target to $210 From $240, Maintains Outperform Rating	MT

Projected Income Statement: Check Point Software Technologies Ltd.

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net sales ¹	2,065	2,167	2,330	2,415	2,565	2,725	2,894	3,071
Change	-	4.93%	7.53%	3.64%	6.22%	6.25%	6.2%	6.09%
EBITDA ¹	1,062	1,080	1,062	1,102	1,181	1,207	1,199	1,273
Change	-	1.7%	-1.69%	3.82%	7.16%	2.18%	-0.61%	6.13%
EBIT ¹	1,035	1,049	1,039	1,079	1,098	1,114	1,146	1,224
Change	-	1.4%	-0.98%	3.87%	1.71%	1.49%	2.89%	6.78%
Interest Paid	-	-	-	-20.84	-	-	-	-
Earnings before Tax (EBT) ¹	970.8	949.6	928.3	975.6	972.1	945.1	1,027	1,115
Change	-	-2.18%	-2.24%	5.1%	-0.36%	-2.78%	8.64%	8.56%
Net income ¹	846.6	815.6	796.9	840.3	845.7	1,057	838.5	915.7
Change	-	-3.66%	-2.29%	5.45%	0.64%	24.97%	-20.66%	9.2%
Announcement Date	03/02/21	03/02/22	13/02/23	06/02/24	30/01/25	12/02/26	-	-

¹USD in Million

Estimates

Fiscal Period: December	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4	2027 Q1	2027 Q2	2027 Q3
Net sales ¹	563.8	507.6	526.1	534	599.1	543	571.1	577.6	638.5	566.2	588.7	596.3	663.5	598.8	627.4	635.1	703.7	637.8	665.2	677.5	744.9	672.9	706.1	721.3	794.3	713.7	747.7	763.4
Change	-	-9.97%	3.64%	1.5%	12.19%	-9.36%	5.17%	1.14%	10.54%	-11.32%	3.97%	1.29%	11.27%	-9.75%	4.78%	1.23%	10.8%	-9.36%	4.3%	1.85%	9.95%	-9.67%	4.93%	2.16%	10.12%	-10.15%	4.75%	2.1%
EBITDA ¹	292.5	251	262.6	266.1	293.4	246.9	257.6	268.8	295	248.6	268.4	274.2	314.3	272.8	270.3	279.2	331.9	263.8	276.8	288.2	320.1	281.7	292.5	300.5	326.6	297.7	309.8	321.7
Change	-	-14.19%	4.62%	1.33%	10.26%	-15.85%	4.33%	4.35%	9.75%	-15.73%	7.96%	2.16%	14.62%	-13.2%	-0.92%	3.29%	18.88%	-20.52%	4.93%	4.12%	11.07%	-12.01%	3.83%	2.76%	8.69%	-8.85%	4.04%	3.87%
EBIT ¹	285.3	246.3	257.1	261.3	284.5	239	248.7	262.7	288.9	238.4	263.1	269	308.6	252	265.1	274	306.4	258.6	271.1	281.9	302.3	267.7	280.4	285.8	311.9	281.5	296	306.6
Change	-	-13.67%	4.38%	1.63%	8.88%	-15.99%	4.06%	5.63%	9.97%	-17.48%	10.36%	2.24%	14.72%	-18.34%	5.2%	3.36%	11.82%	-15.6%	4.83%	3.98%	7.24%	-11.45%	4.73%	1.93%	9.16%	-9.77%	5.18%	3.58%
Charge d'intérêts	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings before Tax (EBT) ¹	265.6	227.4	232.7	233.7	255.8	207.3	218.5	233.2	269.3	218.9	242.7	243.8	270.2	216.5	233	243.8	278.8	222.8	232.1	227.8	262.4	237	251	255.2	285.7	246.1	262.4	262.9
Change	-	-14.38%	2.33%	0.43%	9.46%	-18.96%	5.4%	6.73%	15.48%	-18.72%	10.87%	0.45%	10.83%	-19.87%	7.62%	4.64%	14.36%	-20.09%	4.17%	-1.85%	15.19%	-9.67%	5.91%	1.65%	11.94%	-13.86%	6.63%	0.2%
Net income ¹	270.8	182.9	186	187	259.7	169	173.6	184	269.9	184.1	202	205	249.2	183.9	197.4	206.9	257.5	190.9	202.8	358.7	304.5	194.2	206.4	209.4	231.5	201.4	214.3	219
Change	-	-32.46%	1.69%	0.54%	38.88%	-34.92%	2.72%	5.99%	46.68%	-31.79%	9.72%	1.49%	21.56%	-26.2%	7.34%	4.81%	24.46%	-25.86%	6.23%	76.87%	-15.11%	-36.23%	6.27%	1.46%	10.55%	-12.98%	6.39%	2.17%
Announcement Date	03/02/21	26/04/21	26/07/21	28/10/21	03/02/22	27/04/22	01/08/22	27/10/22	13/02/23	01/05/23	26/07/23	30/10/23	06/02/24	25/04/24	24/07/24	29/10/24	30/01/25	23/04/25	30/07/25	28/10/25	12/02/26	-	-	-	-	-	-	-

¹USD in Million

Estimates

Forecast Balance Sheet: Check Point Software Technologies Ltd.

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net Debt ¹	-4,000	-3,783	-3,503	-2,960	-2,784	-2,884	-3,705	-4,145
Change	-	5.42%	7.4%	15.5%	5.95%	-3.6%	-28.47%	-11.88%
Announcement Date	03/02/21	03/02/22	13/02/23	06/02/24	30/01/25	12/02/26	-	-

¹USD in Million

Estimates

Cash Flow Forecast: Check Point Software Technologies Ltd.

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
CAPEX ¹	19.3	15.9	22.1	18.6	24.2	27.3	29.95	35.67
Change	-	-17.62%	38.99%	-15.84%	30.11%	12.81%	9.71%	19.08%
Free Cash Flow (FCF) ¹	1,132	1,167	1,058	1,016	1,040	1,125	1,206	1,286
Change	-	3.07%	-9.36%	-3.95%	2.37%	8.18%	7.18%	6.58%
Announcement Date	03/02/21	03/02/22	13/02/23	06/02/24	30/01/25	-	-	-

¹USD in Million

Estimates

Forecast Financial Ratios: Check Point Software Technologies Ltd.

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Profitability
EBITDA Margin (%)	51.42%	49.84%	45.56%	45.65%	46.05%	44.28%	41.44%	41.46%
EBIT Margin (%)	50.11%	48.42%	44.59%	44.69%	42.79%	40.87%	39.6%	39.85%
EBT Margin (%)	47.01%	43.82%	39.84%	40.4%	37.9%	34.68%	35.47%	36.3%
Net margin (%)	41%	37.64%	34.2%	34.8%	32.97%	38.78%	28.97%	29.82%
FCF margin (%)	54.84%	53.86%	45.41%	42.08%	40.55%	41.26%	41.67%	41.87%
FCF / Net Income (%)	133.75%	143.1%	132.75%	120.92%	123%	112.58%	143.84%	140.39%
Profitability
ROA	16.59%	16.05%	13.71%	17.46%	14.79%	18.23%	11.95%	14.8%
ROE	27.37%	28.02%	30.22%	34.68%	30.15%	42.66%	36.1%	40.91%
Financial Health
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-
Debt / Free cash flow	-	-	-	-	-	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	0.93%	0.73%	0.95%	0.77%	0.94%	1%	1.03%	1.16%
CAPEX / EBITDA (%)	1.82%	1.47%	2.08%	1.69%	2.05%	2.34%	2.5%	2.8%
CAPEX / FCF (%)	1.7%	1.36%	2.09%	1.83%	2.33%	2.43%	2.48%	2.77%
Items per share
Cash flow per share ¹	8.11	8.822	8.551	8.746	9.34	10.75	11.71	13.17
Change	-	8.78%	-3.07%	2.28%	6.79%	15.06%	8.98%	12.41%
Dividend per Share ¹	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
Book Value Per Share ¹	24.41	24.29	23.19	23.85	24.71	30.43	26.78	24.59
Change	-	-0.5%	-4.51%	2.82%	3.6%	23.16%	-11.98%	-8.17%
EPS ¹	5.96	6.08	6.31	7.1	7.46	9.62	7.812	8.899
Change	-	2.01%	3.78%	12.52%	5.07%	28.95%	-12.89%	13.91%
Nbr of stocks (in thousands)	140,200	132,798	125,411	116,994	109,983	107,355	107,355	107,355
Announcement Date	03/02/21	03/02/22	13/02/23	06/02/24	30/01/25	12/02/26	-	-